Form 4: Motorola Solutions SVP, General Counsel James A. Niewiara Reports Stock Transactions
SEC Form 4 Filing
James A. Niewiara, SVP and General Counsel of Motorola Solutions, reports the acquisition and disposition of company stock and derivative securities.
Summary
- On May 7 and 8, 2024, James A. Niewiara, SVP, GENERAL COUNSEL of Motorola Solutions, engaged in transactions involving Motorola Solutions common stock and employee stock options.
- These transactions included the acquisition of shares through option exercises and the Employee Stock Purchase Plan, as well as the disposition of shares through sales.
- The reported transactions changed his direct holdings of Motorola Solutions common stock to 12,985.5613 shares.
- He also exercised employee stock options to acquire shares at prices of $66.57, $80.03, $139.49, $154.95 and $138.83.
- A total of 2,800 shares were sold at a weighted average price of $360.91, with prices ranging from $358.08 to $358.10.
- The transactions were reported on Form 4, filed with the SEC on May 9, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any explicit positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for executives at publicly traded companies like Motorola Solutions, similar to filings made by executives at companies like Lockheed Martin, General Dynamics, and L3Harris Technologies.
- The vesting schedules and terms of the employee stock options are typical for executive compensation packages in the technology and defense industries.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as insider transactions are often scrutinized for insights into management's view of the company's prospects.
- The impact on employees is minimal, as the transactions relate to executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/09/2016 | Options vested in three equal annual installments beginning on this date. |
| 02/01/2018 | Options vested in three equal annual installments beginning on this date. |
| 03/07/2020 | Options vested in three equal annual installments beginning on this date. |
| 03/13/2021 | Options vested in three equal annual installments beginning on this date. |
| 05/01/2021 | Options vested in three equal annual installments beginning on this date. |
| 03/09/2025 | Expiration date of some employee stock options. |
| 02/01/2027 | Expiration date of some employee stock options. |
| 03/07/2029 | Expiration date of some employee stock options. |
| 03/13/2030 | Expiration date of some employee stock options. |
| 05/01/2030 | Expiration date of some employee stock options. |
| 05/07/2024 | Date of stock and option transactions. |
| 05/08/2024 | Date of stock and option transactions. |
| 05/09/2024 | Date of SEC filing (Form 4). |
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